SRG secures asset services contract from South32 Worsley Alumina

28 May 2019 (Last Updated May 29th, 2019 18:36)

Mining services group SRG Global has secured a long-term contract with Australia’s South32 Worsley Alumina to offer a complete suite of engineered access solutions.

Mining services group SRG Global has secured a long-term contract with Australia’s South32 Worsley Alumina to offer a complete suite of engineered access solutions.

SRG will offer a number of solutions for the Worsley Alumina operation, including scaffold services and rope access technicians.

Initially, the contract will be for a period of three years, with an option to extend the agreement for a further three years

From June this year, SRG Global is planning to begin works under the contract, which is expected to generate revenue of around $60m over a period of six-year term or around $32m over the initial three-year term.

SRG Global managing director David Macgeorge said, “The opportunity to work with a world-renowned mining company like South32 at its long-established Worsley Alumina project in South West WA is a great achievement for SRG Global.

“The effort our team put in during the competitive tendering process is admirable and I commend them on a fantastic result. This contract also represents a significant advancement in the group’s long-term strategy to deliver recurring term revenue within the asset services sector.”

Worsley Alumina is the world’s fifth-largest bauxite mine, with an annual production of up to 4.6 million tonnes. The project is vast in scale, given that the site and refinery employ 1,200 people, and its products being transported using largest overland conveyor belt in the southern hemisphere.

The contract requires minimal capital outlay and will increase SRG Global’s workforce by 100 positions.

Last March, SRG acquired industrial contractor in asset and infrastructure maintenance services TBS Group, and six months later, SRG merged with Global Construction Services to form SRG Global.